ARB IOT Group Ltd (NASDAQ:ARBB) has a beta value of 1.36 and has seen 2.11 million shares traded in the last trading session. The company, currently valued at $20.33M, closed the last trade at $0.77 per share which meant it gained $0.07 on the day or 10.00% during that session. The ARBB stock price is -93.51% off its 52-week high price of $1.49 and 72.73% above the 52-week low of $0.21. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.51 million shares traded. The 3-month trading volume is 3.78 million shares.
The consensus among analysts is that ARB IOT Group Ltd (ARBB) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
ARB IOT Group Ltd (NASDAQ:ARBB) trade information
Sporting 10.00% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ARBB stock price touched $0.77 or saw a rise of 8.25%. Year-to-date, ARB IOT Group Ltd shares have moved 56.44%, while the 5-day performance has seen it change -8.46%. Over the past 30 days, the shares of ARB IOT Group Ltd (NASDAQ:ARBB) have changed 60.19%. Short interest in the company has seen 0.43 million shares shorted with days to cover at 0.04.
ARB IOT Group Ltd (ARBB) estimates and forecasts
The company’s shares have gained 187.65% over the past 6 months.
ARBB Dividends
ARB IOT Group Ltd is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
ARB IOT Group Ltd (NASDAQ:ARBB)’s Major holders
Insiders own 43.11% of the company shares, while shares held by institutions stand at 1.44% with a share float percentage of 2.52%. Investors are also buoyed by the number of investors in a company, with ARB IOT Group Ltd having a total of 5.0 institutions that hold shares in the company.
